3 Year Returns
6.75%
NAV (₹)
21.5367
1 Day NAV Change
-0.62%
LIC MF Banking & Fina Serv Fund IDCW is a scheme from LIC Mutual Fund AMC, launched on 27 Mar 2015 and currently managing ₹ 274.51 Cr in assets. It sits in the very high risk category on the riskometer, with a minimum SIP of ₹100 and a lump sum of ₹5000. The sections below cover its latest NAV, historical returns, portfolio holdings, and expense ratio.
LIC MF Banking & Fina Serv Fund IDCW Fund Details
| Min. SIP Amount | ₹ 100 |
| Min. Lumpsum Amount | ₹ 5000 |
| AUM | ₹ 274.51 Cr |
| Expense Ratio | 2.85% |
| Lock-in Period | No Lock-in Period |
| Inception Date | 27 Mar 2015 |
| Fund Age | 11 Yrs |
Exit Load
12% of the unit alloted shall be redeemed without any exit load, on or before completion of 90 days from the date of allotment of units. 1% - on remaining units, if redeemed or switched out on or before completion of 90 days from the date of allotment of units. Nil - if redeemed or switched out after completion of 90 days from the date of allotment of units.
Fund’s Investment Objective
The Scheme is to generate long-term capital appreciation for unit holders from a portfolio that in invested substantially in equity and equity related securities of companies engaged in banking and financial services sector.
Calculate Your Mutual Fund Returns
Returns Estimator
Estimation is based on the past performance
Expected Rate of Return
The value of your investment after 5 Years will be
₹4,12,432
Invested Amount
₹3,00,000
Est. Returns
₹1,12,432
Scheme’s Historical Return
Asset Allocation
AUM
₹1,33,309.00 Cr
Cash Holdings
21.45%
Equity
70.84%
Cash
21.45%
Debt
1.71%
Other
6%
LIC MF Banking & Fina Serv Fund IDCW Sector Holdings
Last Updated: 31 Jul 2026| Sectors | Allocation | Weightage | Value (in Cr.) |
|---|---|---|---|
| Banks | 53.58% | ₹ 147.07 | |
| Finance | 29.66% | ₹ 81.427 | |
| E-Commerce/App based Aggregator | 6.96% | ₹ 19.117 | |
| Stock/ Commodity Brokers | 4.01% | ₹ 10.996 | |
| Financial Services | 3.76% | ₹ 10.318 | |
| Insurance | 2.03% | ₹ 5.583 |
LIC MF Banking & Fina Serv Fund IDCW Stock Holdings
Last Updated: 31 Jul 2026| Name | Allocation | Weightage | Value (in Cr.) | Sector |
|---|---|---|---|---|
| ICICI Bank | 14.04% | ₹ 37.894 | Banks | |
| Axis Bank | 8.90% | ₹ 24.005 | Banks | |
| HDFC Bank | 8.22% | ₹ 22.174 | Banks | |
| AU Small Finance | 5.76% | ₹ 15.542 | Banks | |
| Bajaj Finance | 5.49% | ₹ 14.809 | Finance | |
| IndusInd Bank | 4.93% | ₹ 13.314 | Banks | |
| PB Fintech. | 3.68% | ₹ 9.941 | E-Commerce/App based Aggregator | |
| BSE | 3.68% | ₹ 9.936 | Financial Services | |
| Karur Vysya Bank | 3.41% | ₹ 9.201 | Banks | |
| Nippon Life Ind. | 3.39% | ₹ 9.134 | Finance |
Fund Manager Details
Risk-O-Meter
Investors understand that their principal will be at Very High Risk
Risk Scale
AMC Information
LIC Mutual Fund
Funds Managed
43
Assets Managed
₹ 50,329.20 Cr
Contact Details
Registered Address
4th Floor, Industrial InsuranceBuilding, Opp.Churchgate StatiMumbai 400 020.
Managing Director
Ravi Kumar Jha
Chief Executive Officer
Ravi Kumar Jha
Compliance Officer
Mr. Mayank Arora
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Disclaimer
The information provided on this page is for informational purposes only and should not be construed as investment advice, recommendation, or solicitation to buy or sell any securities or financial pr...
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